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It’s what they conceive telecommunications corporations and multinational financial companies that have begun to take positions in front of the new era of payment is coming. The increase in sales of smart phones devices and forecasts predict that within two years most internet users will access the Internet via a mobile device, is prompting a flurry of agreements and pilots, to modify the way performed the operations.

So the end of credit cards, seems to be getting closer. The companies expect to introduce major payment transactions via mobile devices, intensively within three to five years. One issue that is very important, but currently 419 million Visa cards, debit, credit and operating companies across Europe.

Initial assessments predict that only U.S. payment through mobile disposition might have on operations in 2015 to 22,000 million dollars, a real revolution, as today the turnover is achieved is minimal.

The technology extends contact less payment is a novel system that allows us to confirm only bring operations to a sales terminal (you can find in stores or buy it as peripherals and add it to your computer) a mobile device, without the need to introduce any code.

In a few months to buy a pizza or a drink can be as easy as taking your mobile phone pocket and agree to purchase.

All this is achieved by the Near Field Communications (NFC), a development that calls the attention of businesses. For the moment, MasterCard, Visa, Citi Group, Bank of America and Google, already being tested, with this kind of payment systems.

But the telecom companies do not want to stay in the queue. In the U.S., T-Mobile, Verizon and T AT& have signed an agreement with Barclays and Discover, to develop a payment system called Isis, which can store different cards and choose the account you want to perform the job, at the moment of the transaction.

For its part, Apple has stated that this system include its iPad and iPhone5, which was launched this year. Some sources claim that led multinational Steve Jobs, may be coming up this terminal mass partitioning in businesses located in the United States to promote the use of this service among customers.

Visa Europe has taken the lead to Apple, as developed through an agreement with wirelless Dynamics, an application of mobile payment, contact less, for European users of iPhone.

Smart phone users will have to bind the accessory antenna iCorte and a security chip, then download the special application to enjoy all its advantages.

In our country, Visa Europe, La Caixa, Telefonica and Samsung are promoters of this new system. After the end of Paybox and cancellation of Mobipay (shared by Santander, the mobile phone companies and BBVA), twelve months ago. These companies have interfered with the progress of this application.

In February 2010, was put into operation, a pilot in the town of Sitges, which were provided to 1,500 people moving to the NFC system, with which it could pay up to five hundred establishments included in the project. The conclusion, the use of 60% in procurement under 20 euros and a user evaluation of eight out of ten.

Thus, almost 90 million users may use mobile phones to pay bills, make transfers to third, increasing up time and make purchases at retail outlets.

Ask if you can deduct all the expenses of the law, the sole owner? Here are three deductions often overlooked starting with the letter “B”.

1. Bad debts.
If you use the accrual method, which records a sale when the customer’s account regardless of when or if they pay you. So what if you do not pay? To say that several months have passed and still the future that are considered to continue sending. At year’s end, when you’ve done all you can do to recover the amount due, without success, you can claim a deduction for the uncollectible amount. This is a “doubtful” and must cancel. What if the bad debt deduction on your 2008 tax return and surprises to customers paying in 2009? Simply draw the payment as income on your 2009 return. If you use cash accounting, income is counted only if the customer pays you, so there is no bad debt deduction.

2. Bank charges.
All matte nickel cents and bank charges that appear on the monthly bank statement, business expenses are deductible. The key here is the time to carefully take each monthly statement, then save the bank charges in your accounting software or manual recording system. It’s easy to forget these fees because the case or not your credit card set. The same applies to the fees that merchants with credit card. If you accept payment by credit card customers the costs undoubtedly your bank account each month and review these charges are automatically debited from your bank account. Be sure to cover these costs, or you forget to take a tax deduction in good faith.

3. Books, magazines, journals.
Buying a book is for professional use legitimate tax deduction. Be sure to deduct only the books that limit your industry, product or service. Self-help books, contains many tips that your life is regarded as entrepreneurs, as well as books on topics like time management, etiquette, sales and marketing concepts. And while we’re on the subject of reading material, you may subscribe to newspapers, magazines and newspapers you read mostly for commercial purposes and are therefore deductible.

Once you’ve decided to start taking financial responsibility is time to take action. Friends with your creditors and with friendly, I mean asking their advice on how you can restructure your debt into a plan that you can actually afford without starving yourself for years and do not be afraid to ask for a big reduction in your interest rate being charged and forgiveness “small” amount of debt you owe – 50% reduction is a good target.

Knowing That you are Truly Interested in taking responsibility for your credit card debt shows much maturity on your part and your creditors will from most likely be more than happy to help you out Because 50% of whatever you owe at a lower rate of interest is Better Than the hope of getting 100% of nothing – as in you are filing for bankruptcy. No. Will bankruptcy eliminate all your debts, it will of notes but this is not just for your hassle it is Also a big hassle for your creditors. Read the rest of this entry »

Credit card debt is a serious problem – a problem that is not only just go alone. Unfortunately, many people compound their financial problems by doing so – to ignore it, because it was like a terrifying and degrading experience to deal with it in the head. This is unfortunately a bad thing considering that people who need debt to snap back to their senses and assess what they still going for them and prepared to deal with debt they do not care how big a problem it seems. Ok, it’s time to get real, face the facts, cold hard that you have stumbled a bit and now it is time to rise again. Not pleasant, but the sooner you start the sooner oppressive weight of debt can be lifted from your life and you can come back to life again. Read the rest of this entry »